ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) Short Interest Up 102.8% in August

ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 290 shares, a growth of 102.8% from the August 15th total of 143 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,318 shares, the short-interest ratio is currently 0.1 days.

ALPS Dynamic US Dividend Advantage ETF Stock Down 0.1%

Shares of ALPS Dynamic US Dividend Advantage ETF stock traded down $0.09 on Wednesday, hitting $72.74. 1,556 shares of the company traded hands, compared to its average volume of 3,055. The company has a 50-day moving average price of $72.76 and a 200 day moving average price of $69.09. ALPS Dynamic US Dividend Advantage ETF has a 12-month low of $61.13 and a 12-month high of $74.21. The company has a market cap of $74.92 million, a PE ratio of 18.60 and a beta of 0.87.

ALPS Dynamic US Dividend Advantage ETF Company Profile

The RiverFront Dynamic US Dividend Advantage ETF (RFDA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that invests in US-domiciled companies with higher dividend yields than their peers within the same sector, among other factors. RFDA was launched on Jun 7, 2016 and is managed by RiverFront.